Question

Answer in not more than 15 words:
Define a ‘Tiny enterprise’.
Define a Large Scale Enterprise.
When is a unit said to be a "Medium Scale Enterprise"?
When is a unit referred to as a "Micro-Business Enterprise"?

Answer 1

Answer:

Answer in not more than 15 words (iv) When is a unit referred to as a ... (ii) Define a Large Scale Enterprise. Ans. The ... (iii) When is a unit said to be a “Medium Scale Enterprise ...

Explanation:

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Answer 2

Answer:

Tiny enterprise:- is one in which the investment in plant and machinery is less than rs. 25 lakhs irrespective of the location of the unit.

Large scale entreprise:- has at least 5000 employees; has an annual turnover greater than 1.5 billion euros.

Medium enterprises:- is an entreprise where the investment in plant and machinery is more than rs.5 crore but does not exceed rs. 10 crore.

Micro business enterprise:- A micro entreprise with usually operate with fewer than 10 people and is started with a small amount of capital.

Explanation:

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